Siemens Credit Corp. v. Marvik Colour, Inc.
District Court, S.D. New York
1Opinion of the Court
AMENDED OPINION AND ORDER
MUKASEY, District Judge.
Plaintiff Siemens Credit Corporation sues to collect amounts due from Marvik Colour, Inc. pursuant to a secured equipment sales agreement (the “Agreement”). Marvik moves for summary judgment, contending that Siemens disposed of the collateral without providing notice of the sale to Marvik as required under § 9-504 of the New York Uniform Commercial Code (“N.Y.U.C.C.”). Marvik argues that Siemens’ failure to comply with § 9-504 forfeited Siemens’ right to obtain a deficiency judgment for the remainder of the debt.
Plaintiff Siemens opposes…
2Cases cited24 opinions
- Ora Lee Williams v. Walker-Thomas Furniture Company, William Thorne v. Walker-Thomas Furniture CompanyCourt of Appeals for the D.C. Circuit · 1965
- Intercontinental Planning, Ltd. v. Daystrom Inc.New York Court of Appeals · 1969
- Cayuga Harvester, Inc. v. Allis-Chalmers Corp.Appellate Division of the Supreme Court of the State of New York · 1983
- State v. Avco Financial Service of New York Inc.New York Court of Appeals · 1980
- Industralease Automated & Scientific Equipment Corp. v. R. M. E. Enterprises, Inc.Appellate Division of the Supreme Court of the State of New York · 1977
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- Coxall v. Clover Commercial Corp.Civil Court of the City of New York · 2004
- Castillo v. General Motors, LLC (In re Motors Liquidation Co.)District Court, S.D. New York · 2013
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